Important Disclosure. For corporate sponsors and accredited investors. Not a public offer. Local restrictions may apply. Prepared August 2025.
Copper Trade Finance
We arrange trade finance facilities for copper cathodes, concentrates, blister and semi-finished products. Structures include pre-export finance, borrowing base revolving credit, repo and warehouse receipt facilities, receivables discounting, tolling finance, LC discounting, and prepayments secured by SBLC or APG. Minimum facility size is USD 10,000,000 (aggregate commitment). Fees are transparent: a mandate retainer for underwriting and a success fee at signing or first draw. If the file does not clear credit, we stop early and tell you directly.
Core Structures in Copper
Pre-Export Finance (PXF)
Term loan secured by copper export receivables and offtake contracts. Controlled accounts and cash sweeps applied.
Borrowing Base RCF
Revolver against eligible copper stock and receivables with weekly reporting, advance rates and concentration caps.
Inventory Repo / Warehouse Receipt
Financing against copper cathodes and concentrates stored in bonded warehouses with receipts and inspection undertakings.
Receivables Discounting
Discount of invoices to rated smelters, traders and industrial buyers. Optional insurance can improve advance rates.
Tolling Finance
Funding for concentrates delivered to smelters with repayment through metal output. Security over input, WIP and cathodes.
LC Discounting
Discount of usance LCs for copper exports. Confirmed or insured LC structures possible, freeing liquidity pre-maturity.
Documentation and Controls
Core Docs
Contracts, invoices, bills of lading, warehouse receipts, assays (SGS, Alex Stewart, Cotecna), certificate of origin and Incoterm insurance.
Control
Title transfer wording, LOUs from terminals, controlled accounts, pledge of proceeds, perfected security interests and assignment of sales contracts.
Commercial LCs reference UCP 600. Standbys reference ISP98. Reimbursement may reference URR 725.
Indicative Economics
| Case | Size | Tenor | Key Terms | Borrower Cost |
|---|---|---|---|---|
| PXF | USD 40,000,000 | 24–36m | Export receivables assigned, cash sweep | Benchmark + 4.0–6.0% |
| Borrowing Base RCF | USD 25,000,000 | 364d revolving | Inventory + AR base, weekly reporting | Benchmark + 3.0–5.0% |
| Inventory Repo | USD 20,000,000 | 180–365d | Title docs and inspection undertakings | Benchmark + 4.0–6.5% |
| Receivables Discount | USD 15,000,000 | Up to 180d | Named buyers, notice and control | Discount rate + policy premium |
Pricing varies with jurisdiction, rating, collateral, tenor and sanctions profile.
Execution Process
Request Copper Trade Finance
Submit your offtake contracts, collateral pack and shipment plan. We will align lenders, controls and execution to first draw.
Start Your RequestFAQs
What products qualify?
Cathodes, concentrates, blister, rods and other copper semi-fabricates with transparent assays and logistics.
Minimum size?
USD 10,000,000 aggregate. Below this, lenders rarely allocate limits.
Do you fund directly?
No. We arrange and distribute. Lenders provide the capital and we manage structuring and execution.
Can you arrange prepayment?
Yes, if backed by SBLC or APG and strict inspection plus title controls.
Disclaimer. Facilities subject to KYC/AML, underwriting, collateral verification, sanctions and documentation. Third-party costs and bank charges are separate from our fees.
